I don't get how Netflix-of-$NICHE can be a long term business. It seems that once $NICHE-stream demonstrates sufficient demand, Netflix can simply license the same content and provide customers with a superset of the content that $NICHE-stream provides.
It's also unclear to me that Netflix is even lacking in this specific niche. My ex-girlfriend loved browsing my netflix over a VPN because it had so much of her african american comedy. (Admittedly, what she - an African woman - considered a good selection might be different from what westerners consider a good selection.)
In a few cases, e.g. Parables ($NICHE=devout christians), I can see how they offer something different - they deliberately exclude content (e.g., movies that offend christian sensibilities) that their members don't want. But that doesn't seem to apply here.
It's also unclear to me that Netflix is even lacking in this specific niche. My ex-girlfriend loved browsing my netflix over a VPN because it had so much of her african american comedy. (Admittedly, what she - an African woman - considered a good selection might be different from what westerners consider a good selection.)
In a few cases, e.g. Parables ($NICHE=devout christians), I can see how they offer something different - they deliberately exclude content (e.g., movies that offend christian sensibilities) that their members don't want. But that doesn't seem to apply here.